DUBLIN: Japanese conglomerate Sumitomo has agreed to buy European banana king Fyffes for 751 million euros (Dh2.92 billion), both groups said Friday, in a fresh sign of the fruit's booming popularity worldwide.

Fears that the Italian government will have to prop up Monte dei Paschi di Siena (MPS) are mounting after the European Central Bank refused to give the world's oldest bank more time to find major investors to back a €5bn (�4.2bn) cash injection ...